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82-16 Roosevelt Avenue

Penn Plaza Consultants Group Leases Retail Space To $1.50 Slice Pizza At 82-16 Roosevelt Avenue
LEASEDRetail

Penn Plaza Consultants Group Leases Retail Space To $1.50 Slice Pizza At 82-16 Roosevelt Avenue

82-16 Roosevelt Avenue

$250

$250/SF

Building Size

450 SF

Asset Type

Retail

Closing

Jul 1, 2026

AI

The property asset involved in this transaction is a retail space located at 82-16 Roosevelt Avenue in Elmhurst. The lease type is a Single Net Lease with an asking rent of $250 per square foot for a total of 450 square feet.

Summary of transation details:

The deal was facilitated by Josh Augenbaum and Murray Mizrachi, who represented the landlord, Penn Plaza Consultants Group, in this lease agreement. Their efforts contributed to securing a tenant for the retail space.

Players

Josh Augenbaum

Augenbaum Realty

Broker

$655M

vol

146 deals

Broker
PG
Penn Plaza Consultants GroupLandlord

Jackson Heights Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

63452.00%

Cash-on-Cash

-18134.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93